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get to the fiscal cliff in a second. but first, the job report this morning, 7.7% unemployment because so many people left the workforce. 146,000 jobs. the question a lot of people are asking is when are we going get back to good honest job creation to grow the economy? what is it going to take? >> political will in a word. what is interesting about the jobs numbers and the economy in general is that it's not so much the fundamentals of the economy. businesses who hire people who create jobs which nancy pelosi is looking for are looking for political will out of washington. they are looking for certainty on the fiscal cliff. certainty that debt reduction, there will be debt reduction, that entitlements will be brought under control. looking for certainty on taxe taxes. until this happens, there isn't going to be that certainly. i have to say that the republicans showed the political will. they stood up, to the conservative base. they put the re-knews on the table. what troubles me -- now that the ball is in the white hou
get to the fiscal cliff in a second. but first, the job report this morning, 7.7% unemployment because so many people left the workforce. 146,000 jobs. the question a lot of people are asking is when are we going get back to good honest job creation to grow the economy? what is it going to take? >> political will in a word. what is interesting about the jobs numbers and the economy in general is that it's not so much the fundamentals of the economy. businesses who hire people who create...
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Dec 7, 2012
12/12
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if he goes off to hawaii and spends three weeks there, and no deal happens and the fiscal cliff hits and we've got the largest tax increase in history and the markets plummet and he's sitting over there splashing in the surf, i don't think he can do it. >> i wonder what other nations think about us? this is, you know, is it a terrible problem we are going through right now, but we look like we can't handle our own business. we can't talk to each other, we can't figure out our own economics, and i can't think what kind of morale authority do we have in the world when we look so pathetic, so pathetic in terms of how we handle things and the fact that we don't? >> the problem with the american people is today they are -- greta, they are as deeply divided and polarized as we have almost ever been. look what boehner is could go right now in making a deal. he's violates his fundamental principles. he's violatings a commitment he made to the american people. he's doing something that he thinks will hurt the american economy, $800 million of tax on job creators, he's splitting his party, he'
if he goes off to hawaii and spends three weeks there, and no deal happens and the fiscal cliff hits and we've got the largest tax increase in history and the markets plummet and he's sitting over there splashing in the surf, i don't think he can do it. >> i wonder what other nations think about us? this is, you know, is it a terrible problem we are going through right now, but we look like we can't handle our own business. we can't talk to each other, we can't figure out our own...
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Dec 10, 2012
12/12
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fiscal cliff. i said it. i know you've heard it. a lot. but it turns out you might not have heard it enough because after another week without real progress in washington, the possibility of plunging off that cliff is become iing more of a reality and we're just tu 22 days and counting, but for the first time in ore three weeks, president obama and house speaker john boehner actually stood in the same room. they breathed the same air, folks, and they talked and that's a big deal. especially since there's been so little of that going on lately. after the meeting, spokesman for both boehner and the president issued identical statements. that's nice. simply saying the line of communication remain open. that is promising according to former white house chief of staff erskine bowles. >> they've started to tango now and anytime you've got two guys tangoing. you've got a chance to get it done. >> how are the warnings affecting you? the american consumer. in the last few weeks, we have seen record shopping and black friday sales. we've also seen j
fiscal cliff. i said it. i know you've heard it. a lot. but it turns out you might not have heard it enough because after another week without real progress in washington, the possibility of plunging off that cliff is become iing more of a reality and we're just tu 22 days and counting, but for the first time in ore three weeks, president obama and house speaker john boehner actually stood in the same room. they breathed the same air, folks, and they talked and that's a big deal. especially...
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talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly. i i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know even most the word i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes the yes and no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom and the media loves that yeah i do think there's actually something to worry about or do you think it's something the politicians and the media used to distract us from what's really going on politics and media for sure so what's really going on that they're distracting us from. their own personal agendas if they're not really trying to work together there are three business channels we're in twenty four hours a day and it's good news nothing else is
talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly. i i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know even most the word i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes the yes and no i definitely agree that it's a complex problem i...
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Dec 10, 2012
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first, the bad news, it is just tweet days until the fiscal cliff deadline. the good news, only 17 days the mayans say we're all going to die so who cares about the fiscal cliff! exactly. >> we would like to announce we have reached an agreement to avoid a fiscal cliff. in order to get the support of the speaker, i agree there will be no tax increases. i repeat, zero tax increases. now, why would i do that? i mean, i won the election. ( laughter ) i have the leverage. why give in? well, simply put-- i felt sorry for this man. >> is there a prospect for a deal? >> there's not a prospect for a deal. >> of course! it. >> the ongoing talks. >> there aren't even very many talks going on. ( laughter ) >> you're kidding us! give us something! >> but for the first time, there are numbers on pieces of paper from both sides. >> numbers on paper! ( cheers and applause ) ( laughter ) >> schieffer: that is our "face the nation" flashback. one note to major garrett. major, i was here 10 years before people thought i was important enough, and you are off to a fine start. >>
first, the bad news, it is just tweet days until the fiscal cliff deadline. the good news, only 17 days the mayans say we're all going to die so who cares about the fiscal cliff! exactly. >> we would like to announce we have reached an agreement to avoid a fiscal cliff. in order to get the support of the speaker, i agree there will be no tax increases. i repeat, zero tax increases. now, why would i do that? i mean, i won the election. ( laughter ) i have the leverage. why give in? well,...
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Dec 6, 2012
12/12
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our fiscal cliff-mas gift today alan smith gets down gangnam style. what the senator is saying about the video that's gone viral watching the daily rundown only on msnbc. u see this? oh, let me guess -- more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. restore revive rejuvenate rebuild rebuild rebuild when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as
our fiscal cliff-mas gift today alan smith gets down gangnam style. what the senator is saying about the video that's gone viral watching the daily rundown only on msnbc. u see this? oh, let me guess -- more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills....
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Dec 11, 2012
12/12
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investors refusing to give up hope on the fiscal cliff. the dow and s&p 500 gained post-election day tumble. the dow climbed 13 points for its fourth straight game. >>> more trouble for once untouchable apple. jeffries cut its price target by 100 bucks down to 80 ashare. shares fell by more than half a percent on theews. >>> now on to our top story. tonighis taxes and how hard we are all about to get hit. there are already a trillion in t increases baked rig into the obamacare law and that means upper being in earners will see billions of dollars in tax hikes as it is. for democrats it is not enough. with republican lawmakers backing off the pledge not to raise taxes looks like tax hikes for the wealthy are certainty. joining for more, grover norquist, president of americans for tax rform. thanks so much for joining us. >> absolutely you say a lot of people are missing the fact that obamacare baked in a ton of tax hikes for wealthier ericans as it is? >> people talk about the fiscal cliff as if it is one ing. it is three. there's the obama
investors refusing to give up hope on the fiscal cliff. the dow and s&p 500 gained post-election day tumble. the dow climbed 13 points for its fourth straight game. >>> more trouble for once untouchable apple. jeffries cut its price target by 100 bucks down to 80 ashare. shares fell by more than half a percent on theews. >>> now on to our top story. tonighis taxes and how hard we are all about to get hit. there are already a trillion in t increases baked rig into the...
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Dec 6, 2012
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who do you trust to handle the fiscal cliff? 48% believe
who do you trust to handle the fiscal cliff? 48% believe
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they don't want to go over the fiscal cliff. they don't necessarily think the difference is separating these two sides are unbridgeable or unrealistic. they can work out a deal. they have to be adults and be serious and make concessions to the other side and you won't get 100% of what you want. that's the art of compromise. in order to avoid a disaster, the mandatory spending cuts and domestic spending and defense spending, the mandatory increases across the board taxes from everyone if we go over that fiscal cliff, you got to compromise. there's nothing wrong with compromise. to some liberals on the far left, conservatives on the far right, compromise is a dirty word. you should never compromise with the other side. they hate that. they rather go over the fiscal cliff but the overwhelming majority of americans totally disagree with those hard line positions on the extreme left and the extreme right. they want to compromise and they want a deal and they want the president and john boehner, the republican leadership and democrati
they don't want to go over the fiscal cliff. they don't necessarily think the difference is separating these two sides are unbridgeable or unrealistic. they can work out a deal. they have to be adults and be serious and make concessions to the other side and you won't get 100% of what you want. that's the art of compromise. in order to avoid a disaster, the mandatory spending cuts and domestic spending and defense spending, the mandatory increases across the board taxes from everyone if we go...
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Dec 6, 2012
12/12
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we are going back to the looming fiscal cliff. that's what florida senator marco rubio is talking about. >> he discusses the negotiations on capitol hill and the raising taxes. >> my parents worked in the service industry we were able to afford a house. we always had what we needed thank god and thank this country. that's only possible in the future if we have limited government and enter prides. people come here from all over the world to get away from big government. i hope multiple voices out there making the argument. it is the only way forward for us. we will never be able to raise enough taxes to get out of the situation we are in. the only way forward is rapid economic growth. not new taxes we need new taxpayers. >> rubio sa>> what a difference few days can make. we had gorgeous weather a few days ago. it will be really wintery outside today. >> somebody in the hallway this morning was why is it so cold out, dean? it is december. we had a treat with warmer than average temperatures than most. yes, it's 31. feels like winter
we are going back to the looming fiscal cliff. that's what florida senator marco rubio is talking about. >> he discusses the negotiations on capitol hill and the raising taxes. >> my parents worked in the service industry we were able to afford a house. we always had what we needed thank god and thank this country. that's only possible in the future if we have limited government and enter prides. people come here from all over the world to get away from big government. i hope...
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especially approaching the fiscal cliff. do you know if it's good. do you think a lot of americans do you know you think most people are worried i think they are and i think that if i ignore it all go away but nothing's really going to change because the economy is like that you might think it'll change i just don't think we're going to do anything about it the resident asks if americans are prepared to die that's ahead for you. also they say declares full scale dead the growth of virus disease which kills hundreds of thousands of children in the world each year promising a one dollar per scene against baby killer. looking to unite its own britain now wants to take the ads. against syria london says it wants to help rebel groups small via greater aid and shipments of military gear. first reports now they final recipients may not be the ones the u.k. has in mind. well the u.k. foreign office has confirmed this week britain is going to be seeking an amendment to the arms embargo on syria making it easier to help the opponents the syrian president basha
especially approaching the fiscal cliff. do you know if it's good. do you think a lot of americans do you know you think most people are worried i think they are and i think that if i ignore it all go away but nothing's really going to change because the economy is like that you might think it'll change i just don't think we're going to do anything about it the resident asks if americans are prepared to die that's ahead for you. also they say declares full scale dead the growth of virus disease...
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Dec 7, 2012
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we expect add big impact from the fiscal cliff and the labor department said no, we did not but labor participation rate, look at this ugly chart the it is declining. we have the rate drop again in large part because the labor force fell by 350,000. we are watching that carefully because you want to see people work. and try to get jobs. it is critical. >>shepard: what impact did super storm sandy? >>gerri: not so much. however, there were a million people that were working part time rather than full time and that is ascribed to hurricane sandy. normally you do not expect that. >>shepard: the matters went, so what. >>gerri: well, they saw that the 350,000 number and they thought they didn't like that and the market pulled back a little. we have had back-and-forth situation on that, starting off 74 up on the dow and now we are down. >>shepard: better than negative. >>gerri: better than negative. >>shepard: millions of american jobs potentially on the line if lawmakers do not get their act together. house of representatives speaker boehner says there is in progress in talks to avoid the
we expect add big impact from the fiscal cliff and the labor department said no, we did not but labor participation rate, look at this ugly chart the it is declining. we have the rate drop again in large part because the labor force fell by 350,000. we are watching that carefully because you want to see people work. and try to get jobs. it is critical. >>shepard: what impact did super storm sandy? >>gerri: not so much. however, there were a million people that were working part time...
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is steadily approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you think most people are worried i think they are and i think that if i nor dildo buy nothing's really going to change because the economy think that he might think it'll change i just don't they're going to think about it. president asks if americans are prepared to say that's ahead. plus the russian city of sochi is gearing up to host the next winter olympics with preparations now in full swing and so coming up for you after a short break. would you choose do just what their name implies they get between people and drive them apart like a wage and these issues seem to always take the forefront in the media things like abortion gun rights marijuana legalization and the weather well the weather isn't really a west cost people sure talk about it way too much there's only so much room with the national discourse and the switch issues just eat up all of the time and attention but the thing is that there's a little something called the tenth amendment y
is steadily approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you think most people are worried i think they are and i think that if i nor dildo buy nothing's really going to change because the economy think that he might think it'll change i just don't they're going to think about it. president asks if americans are prepared to say that's ahead. plus the russian city of sochi is gearing up to host the next winter olympics with preparations now in...
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host: domestic cuts on the table for the fiscal cliff tops. isabel sawhill, senior fellow with the brookings institution and co-director of the center on children and families. james capretta, ethics and public policy center fell and visiting scholar at aei. are these potential domestic cuts under sequestration devastating or manageable? guest: somewhere in between. not a good idea. they would be very deep cuts. an 8% cut across the board is a very significant one time cut for any program to sustain in the immediate year. so they're not a good idea. would it be the end of the world? no. there would be a downsizing of a lot of services across the government in terms of the domestic accounts. there would be fewer services being provided. there would be reduced federal employees. some grant programs that would take carand hair cut of 5% or 1. the economy would go on and the government would go on. the public would still continue to get serviced by and large. host: can agencies manage this? guest: we have managed sequesters in the past, but not of
host: domestic cuts on the table for the fiscal cliff tops. isabel sawhill, senior fellow with the brookings institution and co-director of the center on children and families. james capretta, ethics and public policy center fell and visiting scholar at aei. are these potential domestic cuts under sequestration devastating or manageable? guest: somewhere in between. not a good idea. they would be very deep cuts. an 8% cut across the board is a very significant one time cut for any program to...
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this fiscal cliff. the republicans, as i mentioned, they are not mounting any kind of response to the charge by the administration. >> not surprising. the republicans have been known for as long time as the stupid party, they are a hot mess, they came out of this elect on the losing end, they have done nothing to try to regroup, this affects every american's life and pocketbook, they still can't get it together with a coherent message based on their core principals, economic freedom, and liberty, if you can't stand for those, and fight for them, they have no business being one of the two major political parties. >> monica is right, the republicans have allowed obama to ccntrol the debate, we have the morale high ground and our plan, obama in 2011 talking about tax reform said we can -- we don't have to raise tax rates, we can lower tax rates by capping deducts. he said that. lou: where is coordinated action and rhetoric from the party? i'm talking about from mayors to governors. >> we have been great wi
this fiscal cliff. the republicans, as i mentioned, they are not mounting any kind of response to the charge by the administration. >> not surprising. the republicans have been known for as long time as the stupid party, they are a hot mess, they came out of this elect on the losing end, they have done nothing to try to regroup, this affects every american's life and pocketbook, they still can't get it together with a coherent message based on their core principals, economic freedom, and...
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do you want to start approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you think most people who were i think they are and i think that if i ignored it all go away but nothing's really going to change because the economy's like betty white or they're going to change are just not going to do a thing about it so the resident asked if americans are prepared to drive that's ahead. also this hour india declares full scale war on a deadly rotavirus disease which kills her because of thousands of children in the world each year promising a one dollar succeed against the baby. but now looking to unite its own hands a person now wants to take the edge of the arms embargo against syria london says it wants to help rebel groups more. treatments of military gear so forth reports not the final recipients may not be the ones the u.k. has in mind. well the u.k. foreign office has confirmed this week britain is going to be thinking an amendment to the arms embargo on syria making it easier to help the opponents the syrian president bas
do you want to start approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you think most people who were i think they are and i think that if i ignored it all go away but nothing's really going to change because the economy's like betty white or they're going to change are just not going to do a thing about it so the resident asked if americans are prepared to drive that's ahead. also this hour india declares full scale war on a deadly rotavirus disease...
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Dec 8, 2012
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. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income tax cuts. >> tax cuts. the whole premise of tax cuts is going to be blamed for all of this economic mess. >> this is a moment of truth. the clock is ticking, christmas it coming, the goose is getting fat. in many homes across america, it's a very, very lean time. >> the reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> greta: with us is co-host of the five, greg gutfeld. he has a new book out, the joy of hate. he's been on a road trip having a book tour, so he has been talking to lots of people and they have been talking to him. so we want to know. are americans frustrated by the way
. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income tax cuts. >> tax cuts. the whole premise of...
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they will continue their discussions on the fiscal cliff. and it's look likely we could have some news later this hour, perhaps later in the evening. we're not sure how long the discussion will go. rich, thank you so much for joining us on this. you will be standing by for us this whole hour at the white house who. we'll be getting back to you with any breaking news we have from this meeting. the markets some say are being held hostage by these negotiations. i just counted. 18 days left in this year for these negotiations to come to a conclusion. we shall see. more news on this breaking news let's go to didn'tcratic congressman kurt schrader. thanks for joining us very timely. what do you think as we see speaker boehner coming to the white house to speak with president obama. what do you think will come out of this meeting? >> i hope some progress. as you indicated there has been precious little so far. they want to get the country back on a secure footing and get jobs growing in the country. hopefully they will be able to put together. sand
they will continue their discussions on the fiscal cliff. and it's look likely we could have some news later this hour, perhaps later in the evening. we're not sure how long the discussion will go. rich, thank you so much for joining us on this. you will be standing by for us this whole hour at the white house who. we'll be getting back to you with any breaking news we have from this meeting. the markets some say are being held hostage by these negotiations. i just counted. 18 days left in this...
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Dec 9, 2012
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. >> you know, judge we may go over the fiscal cliff. i think we are going to end up coming to some sort of terms and kicking the can down the road. i think it's going to the same old same old. i have actually heard from a lot of my bundlers that they think they are in the oil industry that they think we should actually fall. this is going to be one way to go ahead and actually wake up everybody and get things straight. >> who gets blamed. the republicans get blamed and that's the issue much the president knows who wins either way. if the president gets a deal he will get credit. if we gopher 00 fiscal cliff the republicans who are in complete disarray will be blamed. both parties in their own way are putting the country at risk, the risk of a recession because of politics. >> all right. and pat, the republicans will get more blame. we know that already. but ultimately the president of the economy goes may pay the price as he did last august. the problem i have is with what doug said the republicans are in such a disarray. make a case ot
. >> you know, judge we may go over the fiscal cliff. i think we are going to end up coming to some sort of terms and kicking the can down the road. i think it's going to the same old same old. i have actually heard from a lot of my bundlers that they think they are in the oil industry that they think we should actually fall. this is going to be one way to go ahead and actually wake up everybody and get things straight. >> who gets blamed. the republicans get blamed and that's the...
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Dec 6, 2012
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take a look. >> what is the fiscal cliff? >> we're from new mexico out here to clean up. >> no idea. >> the cliff? how tall is it? >> i have no idea. >> where is it? >> can i google it? >> bad news. it's bad news. fiscal cliff. >>> end of the world, apparently, right. >> if you wanted to take one of these cliff bars, if you wanted to take one that tasted like the fiscal cliff. >> which one would you choose and why? the one that tastes like crap. >> we're all going to fall off the face of the earth. >> they need to fix it. that's what they're paid for. >> what happens if they don't? >> we're going to lose some money. >> it reminds me of something i learned in school, i'm going to guess some like of cliff, avalanche. >> how tall is it? >> i'd say at least like 370 some feet. >> i don't know. it sounds like something disgusting to eat or something. >> you heard of it? >> it's part of our economy going choooooooo. >> i'm pretty sure we don't have a fiscal cliff. >> we fell off of it. >> yes, we did. >> is it a dangerous cliff? >>
take a look. >> what is the fiscal cliff? >> we're from new mexico out here to clean up. >> no idea. >> the cliff? how tall is it? >> i have no idea. >> where is it? >> can i google it? >> bad news. it's bad news. fiscal cliff. >>> end of the world, apparently, right. >> if you wanted to take one of these cliff bars, if you wanted to take one that tasted like the fiscal cliff. >> which one would you choose and why? the one...
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are we going to go up the fiscal cliff? ist a mountain or a clip? somebody has to do something. >> everyone is fighting over tax incrses and tax hikes. i get that. we need to find something they agree on. we need to take the pieces of the puzzle into them together. tracy: yes, they end up using every dollar that they have and there is nothing left at the end of the day. it is almost how we feel is the american people watching us. they are just waiting our money while they are fighting. >> where has everyone been the last two years? that is the biggest problem. can you get to economize everyone feels okay with? a really good compromise from both parties is important. it is an actual compromise. an amicable resolve. i think sitting here watching the news, sitting in sending an agreement, who knows what would happen? time is ticking. tracy: have there been any glaring mistakes that they have made in the compromising proces >> well, i think that people are coming from a viewer standpoint, they are saying, okay, if you're not showing all your cards. we w
are we going to go up the fiscal cliff? ist a mountain or a clip? somebody has to do something. >> everyone is fighting over tax incrses and tax hikes. i get that. we need to find something they agree on. we need to take the pieces of the puzzle into them together. tracy: yes, they end up using every dollar that they have and there is nothing left at the end of the day. it is almost how we feel is the american people watching us. they are just waiting our money while they are fighting....
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Dec 10, 2012
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the fiscal cliff talks, stuck in neutral. and, growing concern syria will use chemical weapons, against its own people. ♪ >> chris: with just 23 days to go, and more posturing than progress, will the white house and republicans cut a deal to avoid big spending cuts and tax increases? we'll talk with two senators on the front lines of the debate. democrat charles schumer, and republican, bob corker. then, the u.s. draws a red line. telling syrian president aassad not to use chemical weapons in the country's civil war. we'll discuss the intelligence and the possible fallout with israel's ambassador to the u.s., michael oren, a fox news sunday exclusive, plus the supreme court agrees to take up same sex marriage. we'll ask our sunday panel what the court is likely to decide, whether gays have a constitutional right to marriage. >>> and, a final farewell to my best friend, winston. all, right now, on fox news sunday. ♪ >> chris: and hello, again from fox news in washington. well, it is beginning to feel like ground hog day, i
the fiscal cliff talks, stuck in neutral. and, growing concern syria will use chemical weapons, against its own people. ♪ >> chris: with just 23 days to go, and more posturing than progress, will the white house and republicans cut a deal to avoid big spending cuts and tax increases? we'll talk with two senators on the front lines of the debate. democrat charles schumer, and republican, bob corker. then, the u.s. draws a red line. telling syrian president aassad not to use chemical...
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we need to avoid the fiscal cliff. >> one thing you want javier to agree to, to avoid the fiscal cliff. >> we need to have the spending cuts. >> give me an example? >> well, it is looking at the spending, entitlement reform, and growth in government. the president is moving in the wrong direction. he proposed higher taxes than he ever said during the campaign, more stimulus, more spending, that's moving us in the wrong direction. >> go ahead and respond. >> how much spending cuts do we want to see? i could tally up for you right now, $3 trillion with the spending cuts that we already enacted in law in the last year and a half. $1 trillion that came from the budget control act that was passed a year ago, that said a trillion dollars has to start coming up now, and that has begun. another trillion dollars which is going to be enacted through the sequester. we still have them. and we can move forward. that's another trillion, 1.2 trillion. let me give you the other 800 billion. we cut -- democrats without a republican vote, $716 billion in -- and we found $716 billion in savings through m
we need to avoid the fiscal cliff. >> one thing you want javier to agree to, to avoid the fiscal cliff. >> we need to have the spending cuts. >> give me an example? >> well, it is looking at the spending, entitlement reform, and growth in government. the president is moving in the wrong direction. he proposed higher taxes than he ever said during the campaign, more stimulus, more spending, that's moving us in the wrong direction. >> go ahead and respond. >>...
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that doesn't avoid the fiscal cliff, does it? >> it avoids the tax side of the fiscal cliff. and most of the cuts in spending, except for defense and the president sees no interest in having a strong defense and we'll litigate that next year and there are opportunities to debate the spending, defense and entitlement issues next year, get the tax issue off the table, the weakest one for the republicans and let the president own it -- >> end with a wimper, not a bang. >> yes, could be. >> chris: there you go, see you next week, don't forget, check out panel plus where our group picks up right with the discussion on our web site, foxnewssunday.com and we'll post the video before noon eastern time and follow us on twitter. @foxnewssunday. this program note: tune into fox news channel tonight at 9:00 p.m. eastern for "fly me to the moon" anchored by neil cavuto it marks the 40th anniversary of the last time man walked on the lunar surface. up next on "final thoughts." about my best friend. ♪ i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting
that doesn't avoid the fiscal cliff, does it? >> it avoids the tax side of the fiscal cliff. and most of the cuts in spending, except for defense and the president sees no interest in having a strong defense and we'll litigate that next year and there are opportunities to debate the spending, defense and entitlement issues next year, get the tax issue off the table, the weakest one for the republicans and let the president own it -- >> end with a wimper, not a bang. >> yes,...
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some argue the country won't be badly damaged if the country hits the fiscal cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the unemployment rate coming down, listen, that can be reversed if people lose confidence in our future. >> the number two senate ranked democrat mr. temperature bib argues next week will be critical in terms of president obama and speaker boehner finding a compromise. shep? >> shepard: democrats are still saying what they have said all along and what the president ran on this is about taxes. >> that is true and they note president obama campaigned on upper income americans paying more so they intend to make sure that happens. the house democratic leader says the only obstacle is republicans refusing to ask the top 2% to pay more. >> this is a moment of truth. the clock is
some argue the country won't be badly damaged if the country hits the fiscal cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the unemployment rate coming down, listen, that can be reversed if people lose confidence...
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no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled budget talks on republicans, president obama today wratcheted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cliff warning business executives, the economy could take another hit if republicans decide to extend just to middle class tax cuts to avoid the cliff for now and come back next year with more leverage to tie spending cuts and medicar
no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we...
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today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. i ac
today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate...
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congress has ever used the fiscal cliff. usual through debt ceiling as a bargaining point, which is what happened last year. this never dealt with. >> what would happen if the congress said no? the president would be forced to operate the federal government in money available to him. >> nobody said that to ronald reagan or the first george busher second george bush. >> democrats voted against raising the debt ceiling. >> but nobody has ever, ever stopped it and made it a point of then fiscal negotiation. only happened once. >> we have never been in treacherous, perilous fiscal circumstances as today. >> bret: top senate republican calling it quits was here on the set with us. the all-stars weigh in on that. surprising development next. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. [ female announcer ] some people like to pretend a flood coul
congress has ever used the fiscal cliff. usual through debt ceiling as a bargaining point, which is what happened last year. this never dealt with. >> what would happen if the congress said no? the president would be forced to operate the federal government in money available to him. >> nobody said that to ronald reagan or the first george busher second george bush. >> democrats voted against raising the debt ceiling. >> but nobody has ever, ever stopped it and made it a...
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it's beginning to feel like groundhog day in the talks of the fiscal cliff. both sides dug in, no agreement in sight and we're 23 days from the brink. join us to break down where it stands, two leader senators, charles schumer and bob corker. house speaker boehner said friday another week has been wasted. given president obama won the election and seems to have most of the political leverage, what's the realistic deal to be made in the next 23 days? >> first of all i think something's going to happen. i hope it's large enough for people who want to see entitlement reform to vote for. the president has leverage but the republicans have leverage with the debt ceiling, hopefully cooler heads will prevail. theorist are coming forward on how to deal with this. it's a unique moment in history where every developed country in the world, economists on both sides of the aisle know the greatest threat of the country is fiscal solvency. the minority party is trying to leverage the president into doing something great for the nation. i hope the pres see the light. >> sen
it's beginning to feel like groundhog day in the talks of the fiscal cliff. both sides dug in, no agreement in sight and we're 23 days from the brink. join us to break down where it stands, two leader senators, charles schumer and bob corker. house speaker boehner said friday another week has been wasted. given president obama won the election and seems to have most of the political leverage, what's the realistic deal to be made in the next 23 days? >> first of all i think something's...